BNET Industries
Last Fiscal Year Sales:$509.8M
- Public
- US
Dow Jones Description
Consumer Products Mfr & Retailer
PresidentSteven A. Lightman
Number of Employees 1,075
Contact Information
350 The Embarcadero 6th Fl
San Francisco, California 94105
(415) 445-6000
Peer Companies
NAICS Code Hobby, Toy, and Game Stores: 451120
Recent Events
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Sharper Image, Natura World Enter License Agreement
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Top U.S. Retail Chains Bankrupt
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Stores disappear from strip malls, but names live on
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Orthofix Calls on Shareholders to Reject Ramius Proposals and
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The Sharper Image Expands with Six New Licensees
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The Sharper ImageR Launches Kitchen Offerings
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Orthofix: Shots Fired Across the Bows
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Orthofix Criticizes One of Ramius's Board Candidates
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Sharper Image Stores Are Dead, but the Brand Goes On
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The Sharper Image Jumps Into Bedding and Bath With London Luxury
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Holiday sales slump may fuel wave of closings
News & Analysis
Filter by
sharper image corp. - All News and Analysis
Court Authorizes Sharper Image to Complete Sale
- 2008-06-03
SAN FRANCISCO -- Sharper Image Corporation (the "Company") (Pink Sheets:SHRPQ),announced today that on May 29, 2008, the Company entered into a revised Asset Purchase Agreement (the "Revised Asset Purchase Agreement") with a joint venture of Gordon Brothers Retail Partners, LLC, GB Brands, LLC, Hilco Merchant Resources, LLC, and Hilco Consumer...
Consumer spending slump triggers retail bankruptcies.(Industry Briefings)
- 2008-06-01
Tightening credit markets and increasingly cautious consumers have taken a heavy toll on retailers in the past six months. The Sharper Image, Lillian Vernon, Levitz furniture, Wickes Furniture, Bombay, Fortunoff jewelers, Harvey Electronics, and Linen's & Things have been among the more prominent retailers to head...
Sharper Image® Store Closing Sale Now Underway at All Locations
- 2008-06-01
20% To 40% Discounts Offered on All Merchandise, Just in Time for Father's Day
Court Authorizes Sharper Image to Move Forward with Sale
- 2008-05-16
SAN FRANCISCO -- Sharper Image Corporation (the "Company") (Pink Sheets:SHRPQ), announced today that on May 14, 2008 the United States Bankruptcy Court for the District of Delaware (the "Court") approved procedures in connection with a sale of all or substantially all of the assets of the Company at an auction...
The Sharper Image Hits a High Note, Introduces beamz: Laser Light and Sound Musical Instrument
- 2008-04-24
beamz'[TM] Technology Connects With Those Who Love Music, Inspiring Them to Create Their Own Original Performances
Sharper Image Corporation Announces Intent to Pursue Sale of the Company and its Assets
- 2008-04-23
SAN FRANCISCO -- Sharper Image Corporation (the "Company") (Pink Sheets:SHRPQ), announced today it has elected to pursue a sale of its business and assets pursuant to the provisions of the bankruptcy code and will solicit indications of interest from potential acquirers. Persons interested in acquiring all or part of the...
Questionable
- 2008-04-10
A recent story about the Department of Veterans Affairs suggests the department may need to root out a few bad apples in its work force. The Associated Press reported that VA employees used their government-issued credit cards to purchase items at pricey retail establishments and pay for stays...
Jerry W. Levin Resigns as Chairman of the Board of Sharper Image Corporation to Pursue Possible Acquisition of the Company or Its Assets
- 2008-04-10
SAN FRANCISCO -- Jerry W. Levin, the Chairman of the Board of Sharper Image Corporation (the "Company") (Pink Sheets:SHRPQ), has informed the Company that he is interested in participating with other investors to acquire some or all of the Company's businesses or assets. Accordingly, it was agreed that Mr. Levin...
AbsolutelyNew Hires Three Former Sharper Image Executives to Launch New Products
- 2008-03-31
SAN FRANCISCO -- AbsolutelyNew, a next generation consumer products company focused on launching the best products from independent inventors to market, has expanded its merchandising and product development teams with the addition of three experienced industry professionals. Bill Feroe, Tom Krysiak and Tristan Christianson will be responsible for bringing more...
Sharper Image and ARG Sign Licensing Agreement for Kitchen Utensils
- 2008-03-15
SAN FRANCISCO -- Sharper Image Corporation (Pink Sheets:SHRPQ) today announced that it has signed a multiyear licensing agreement with ARG Manufacturing, Inc. ("ARG"), a market leader with more than 30 years experience making high quality kitchen utensils, kitchen tools, bakeware and barbecue tools. This agreement is the twelfth licensing agreement...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Steven A. Lightman | President |
| Daniel W. Nelson | Interim Chief Financial Officer |
| Greg Alexander | CIO & Executive Vice President |
| Andrew P. Reich | Executive Vice President, Msdg |
| Gary Chant | Senior Vice President, Hr & Admin |
| John Yotnakparian | Vice President, Retail Store |
| David M. Meyer | Managing Member, Knightspoint Partners Llc |
| James M. Sander | General Counsel |
| Howard Gross | Director |
| Howard Leibman | Director |
| Morton David | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| George B. James | Board of Directors |
| Howard M. Liebman | Board of Directors |
| Jason G. Bernzweig | Board of Directors |
| Marc J. Leder | Board of Directors |
| Reyaz A Kassamali | Board of Directors |
| Richard J. Thalheimer | Board of Directors |
| Tracy Y. Wan | Board of Directors |
| William R. Fields | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | President | Current |
| Sharper Image Corporation | Board of Directors | Current |
| Telexis, Inc. | Board Member | Current |
| Aipac | Member | Current |
| Jewish Community Center | Member | Current |
| Parcel Shippers Association | Member | Current |
| Jewish Family & Children Services | Member | Current |
| Jewish Community Relations Council | Member | Current |
| Sharper Image Corporation | CEO | Former |
| Parcel Shippers Association | Board Member | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Interim Chief Financial Officer | Current |
| Sharper Image Corporation | Senior Vice President | Former |
| Sharper Image Corporation | Controller | Former |
| Sharper Image Corporation | Consultant | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | CIO & Executive Vice President | Current |
| Sharper Image Corporation | Senior Vice President, Info Technology | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Executive Vice President, Msdg | Current |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Senior Vice President, Hr & Admin | Current |
| Revlon, Inc. | Director, Management Development | Former |
| Sharper Image Corporation | Independent Human Resources Consultant | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Vice President, Retail Store | Current |
Mr. Meyer, age 40, has served as Chairman of the Board since April 2004. From October 2004 until August 2005, he served in the Company’s interim Office of the Chief Executive. Since 2003, Mr. Meyer has served as a Managing Member of Knightspoint Partners LLC, a firm which he co-founded, that is engaged in the business of acquiring, holding or disposing of investments in various companies. From 1995 to 2002, Mr. Meyer served in various capacities in the investment banking department of Credit Suisse First Boston, including as a director in the Mergers and Acquisitions and Global Industrial and Services Groups in the firm’s London office. From 2007 to 2008, Mr. Meyer served as Chairman of the Board of Directors of Ashworth, Inc, a golf apparel company formerly listed on Nasdaq. From 2006 to 2007, Mr. Meyer served as Chairman of the Compensation Committee of the Board of Directors of the Sharper Image Corporation, a multi-channel specialty retailer formerly listed on Nasdaq. Mr. Meyer received a B.S.E. from Princeton University and an MBA from Stanford University.
| Organization | Position | Status |
|---|---|---|
| CPI Corporation | Chief Executive | Current |
| Ionic Breeze Silent Air Purifiers | Managing Member, Knightspoint Partners Llc | Current |
| Sharper Image Corporation | Managing Member, Knightspoint Partners Llc | Current |
| CPI Corporation | Chair of Board | Current |
| Ashworth, Inc. | Chairman of the Board | Current |
| Sharper Image for Ionic Breeze | Board of Directors | Current |
| Knightspoint Partners LLC | Managing Member | Current |
| Sharper Image Corporation | Director | Former |
| CPI Corporation | Board of Directors | Former |
| Princeton University | B.S. In Engineering, Operations Research | Former |
| CPI Corporation | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Callidus Software Inc. | Chair | Current |
| Sharper Image Corporation | Board of Directors | Current |
| Callidus Software Inc. | Director | Current |
| Arcata | Cfo | Former |
| Levi Strauss & Co. | Chief Financial Officer | Former |
| Levi Strauss & Co. | Senior Vice President | Former |
| Arcata | Senior Vice President | Former |
| Pacific States Industries Incorporated | director of The Sharper Image | Former |
| Callidus, LLC | Director | Former |
| Stanford Graduate School of Business | M.B.A. | Former |
| Harvard College | B.A. In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Eddie Bauer Holdings, Inc. | Interim CEO | Current |
| Glimcher Realty Trust | Trustee | Current |
| Sharper Image for Ionic Breeze | Board of Directors | Current |
| Sharper Image Corporation | Director | Current |
| Eddie Bauer Holdings, Inc. | Director | Current |
| Glimcher Realty Trust | Trustee | Current |
| Victoriassecret.Com | Chief Executive Officer | Former |
| The Limited Stores | Chief Executive Officer | Former |
| American Retail Group, Inc. | CEO | Former |
| Victoriassecret.Com | President | Former |
| The Limited Stores | President | Former |
| Limited Brands, Inc. | President | Former |
| American Retail Group, Inc. | President | Former |
| Eddie Bauer Holdings, Inc. | Chair of the Nominating and Corporate Governance Committee | Former |
| The Wet Seal, Inc. | Board of Directors | Former |
| The University of Akron | Bachelor of Arts Degree In Speech and Public Address | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Director | Current |
| Shorewood Packaging Corporation | President | Former |
| Shorewood Packaging Corporation | Cfo | Former |
| Shorewood Packaging Corporation | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Board of Directors | Current |
Morton David joined our board of directors in August 2001. Mr. David served as the Chairman and Chief Executive Officer of Franklin Computer Corporation (later Franklin Electronic Publishers, Inc.) from 1983 to 1998. Mr. David currently serves on the board of directors of Sharper Image Corporation and previously served on the board of directors of Datek Online Holdings Corp. from 1998 until its acquisition by Ameritrade Holdings in 2002.
| Organization | Position | Status |
|---|---|---|
| Vonage Holdings Corporation | Board of Directors | Current |
| Sharper Image Corporation | Director | Current |
| Franklin Electronic Publishers, Incorporated | CEO | Former |
| Franklin Electronic Publishers, Incorporated | President | Former |
| Franklin Electronic Publishers, Incorporated | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Hilco Consumer Capital, LLC | Managing Director | Current |
| Sharper Image Corporation | Board of Directors | Current |
| Latham & Watkins | Attorney | Former |
| Financo, Inc. | Director | Former |
| Dresdner Kleinwort Wasserstein | Director | Former |
| Harvard Law School | J.D. | Former |
| University of Cambridge | M.A. In Law | Former |
| Yale University | B.A. | Former |
Richard Thalheimer is a member of the Board of Directors of the Sharper Image. Mr. Thalheimer established The Sharper Image in 1977, inspired by a $29 jogging stopwatch that he owned and other runners admired. After Mr. Thalheimer received the manufacturer's permission to sell the watch by mail order, he purchased a $200 advertisement in Runner's World. The advertisement's success made him realize the unlimited potential of a well-organized mail-order business and led to the inaugural distribution of The Sharper Image catalog in 1979. The first Sharper Image retail store opened during the Christmas season in San Francisco in 1981. The company became a public corporation in 1987 when its stock was offered on NASDAQ under the symbol SHRP. Continuing to identify emerging trends within the industry, Mr. Thalheimer launched the company's online Internet business, sharperimage.com, in June 1995, and in March 1999, The Sharper Image's auction site opened for business. Mr. Thalheimer served as the company's chairman and CEO until September, 2006. Mr. Thalheimer also serves on the Board of Trustees for the San Francisco Ballet.
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Board of Directors | Current |
| San Francisco Ballet | Board of Directors | Current |
| Sharper Image Corporation | CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Sharper Image Corporation | Board of Directors | Current |
| Sharper Image Corporation | President & Coo | Former |
| Horwath International | Former | |
| San Francisco State University | Bachelor of Science degree in business administration | Former |
| Organization | Position | Status |
|---|---|---|
| Intersource Enterprises, Ltd. | Chief Executive Officer | Current |
| Eon Reality, Inc. | Current | |
| Lexmark International, Inc. | Chairman, Intersource Co., Ltd. | Current |
| Intersource Enterprises, Ltd. | Chairman | Current |
| Sharper Image for Ionic Breeze | Chairman of Austin, Texas | Current |
| Intersource, Inc. | Chairman | Current |
| Hudson's Bay Company | Chairman | Current |
| Lexmark International, Inc. | Director | Current |
| Hunter Capital Partners | Advisory Board Member | Current |
| Graphic Packaging Corporation | Board of Directors | Current |
| Sharper Image Corporation | Board of Directors | Current |
| Lexmark International Middle East Fz LLC | Committee Member | Current |
| The Limited Stores | Chief Executive Officer | Former |
| Factory 2 U Stores, Inc. | CEO | Former |
| Wal-Mart Stores, Inc. | CEO | Former |
| Hudson's Bay Company | President and Chief Executive Officer | Former |
| Wal-Mart Stores, Inc. | divisional President | Former |
| Wal-Mart Stores, Inc. | Executive Vice President | Former |
| The Limited Stores | Chairman | Former |
| Graphic Packaging Corporation | Chairman | Former |
| Factory 2 U Stores, Inc. | Chairman | Former |
| S-Board Ltd. | Board of Directors | Former |
| S-Board Ltd. | Member | Former |
Executive News
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CPI Outlines Key Elements of Strategic Growth Plan
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CPI Outlines Key Elements of Strategic Growth Plan
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CPI Corp. Files Investor Presentation
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CPI Corp. Files Investor Presentation
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Market Report -- In Play (CPY)
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CPI Corp.'s Two Largest, Unaffiliated Stockholders Publicly Pledge to Vote for CPI's Director Nominees
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Ramius Sends Letter to CPI Corp. Stockholders
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Century, Lafitte back CPI's director slate
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CPI, Ramius make pleas before board vote
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CPI board urges stockholders to vote its slate
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CPI Corp. Files Definitive Proxy Materials and Sends Letter to Stockholders
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CPI Corp. Files Definitive Proxy Materials and Sends Letter to Stockholders
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CPI Corp. Files Definitive Proxy Materials and Sends Letter to Stockholders
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CPI posts profit
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Ramius Issues Open Letter to CPI Corp. Stockholders
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CPI Corp. Nominates Paul D. Finkelstein to Stand for Election at 2009 Annual Meeting of Stockholders
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CPI board picks Regis CEO as board nominee
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Ramius Files Preliminary Proxy Materials to Elect Two Director Candidates to the CPI Corp. Board of Directors At the 2009 Annual Meeting
Industry Transcripts by Seeking Alpha
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Williams-Sonoma F1Q09 (Qtr End 5/3/09) Earnings Call Transcript
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